USA Cycling CEO Derek Bouchard-Hall to resign at end of year

COLORADO SPRINGS, Colo. -- Derek Bouchard-Hall is resigning as chief executive of USA Cycling at the end of the year and less three years after getting the job.

The chairman of USA Cycling's board of directors, Bob Stapleton, will help run the organization while a replacement is found. Stapleton said Friday the search has already begun.

Bouchard-Hall plans to take over an undisclosed company with close ties to USA Cycling.

Bouchard-Hall came from the retail sector of the cycling industry, and was tasked with rebuilding an organization that had fallen into disarray. There was a major schism between USA Cycling's goals of fostering the sport at the amateur level while also pushing its high-performance program.

Bouchard-Hall wound up overhauling USA Cycling's entire structure, hiring a wave of new coaches and administrators to push forward its world championship and Olympic teams.